NDTV Promoters

A Delhi court on Thursday accepted a closure report filed by the CBI in an alleged case of irregularities by ICICI Bank in accepting loan repayment from NDTV, saying "it appeared to be satisfactory". Special judge Shailender Malik accepted the closure report after going through the report, and the submissions made by the CBI, and the complainant in the case, who said he did not want to file any protest petition being satisfied with the investigation. "Upon going through entire closure report, documents annexed with the same coupled with submissions made by public prosecutor for CBI as well as statement given by the complainant to the effect that he is satisfied with the investigation of CBI in the present case, this court accepts the closure report...as no criminality or violation of Section 19(2) of Banking Regulation Act, 1949 has been found by any of the accused persons. Therefore closure report appears to be satisfactory and hence it is accepted," the judge said. The closure ...

The Delhi High Court Tuesday granted permission to NDTV founders Prannoy Roy and his wife Radhika Roy to travel abroad for three weeks for business purpose and personal reasons. Justice Prathiba M Singh said owing to the professional standing of the petitioners, they do not pose a flight risk and are permitted to travel abroad from July 25 to August 15. The high court allowed them to visit the United Kingdom after fulfilling necessary conditions imposed by the court before the registrar. It also asked them to provide details of their itinerary to the registrar of the high court. The Roys filed the application in a pending petition in which they have challenged the look out circular opened against them at the behest of the Central Bureau of Investigation (CBI) pursuant to lodging of two FIRs over alleged corruption. Their counsel submitted they wish to travel abroad for business and personal reasons, including a visit to Prannoy Roy's brother. The plea was opposed by the counsel f

NDTV made several failed times to block the takeover, citing regulatory restrictions on moving shares

Adani Enterprises said it will pay an additional Rs 48.65 per share to New Delhi Television Ltd investors who sold their shares to the conglomerate

As the Roys have shown, dignity in the newsroom and respect for facts are the best equity in today's news bazaar. It's with this satisfaction that they must walk away, leaving NDTV in new hands

In a sense, then, corporates are entering the media business for the same reason that political parties and political families own media houses - to influence public opinion

Ravish Kumar has been an integral part of NDTV for more than two decades and has been conferred with the prestigious Ramon Magsaysay award and Ramnath Goenka Excellence in Journalism Award twice

Sudipta Bhattacharya, Sanjay Pugalia, Senthil Chengalvarayan were appointed as the Roys stepped down

Tuesday night development completes Round 1 of Adani group's acquisition plan; Round 2 to conclude next week

Ongoing open offer draws bids for 5.3 mn shares as of Monday's close

Last month, the Adani group had written to Sebi, re-affirming its commitment to complete the open offer process for additional shares in NDTV

On Tuesday, NDTV shares closed trade on the BSE at Rs 384.10 apiece, after hitting the 5-per cent upper circuit during the day

Has Indian auto sector entered the fast lane? Will NDTV turn out to be Adani's most challenging acquisition? Will FII flows reduce rate hike fears this week? What is a currency swap? All answers here

Gautam Adani is on an acquisition spree of late. But one of his recent takeover attempts seems to have run into rough weather. Acquisition of NDTV may not be as easy like others. Find out why

On Monday both NDTV and the Adani group sought Sebi's guidance on whether or not RRPR Holdings, the promoter entity of NDTV, can transfer its shares to the Adani group

At the bourses, NDTV has been one of the best performing stocks. In the past three months, the counter has gained nearly 140 per cent, as compared to 8 per cent rise in the S&P BSE Sensex

The existing promoter group (Roy family) of NDTV has claimed Adani group firms had acquired the stake without consulting its promoters, thus, there may be some legal repercussion ahead.

The stock has rallied 20% in the past two trading days to Rs 312.65. It was at its highest level since September 2008

Adjourns hearing to September 3

NDTV promoters will appeal against Sebi fine, manufacturing sector returned to the recovery mode with a softer contraction, according to RBI